How should I deal with the tenants? 

I found what appeared to be an ideal set of lots in an old subdivision.

Take a Snapshot of Where You AreFirst, examine 36 months of “actual” collections for each property—ideally this number should be trending northward.

I know it's not ideal but this is the only type of loan I could get pre-approved for.

Ideally you need to able to find their cell phone.

Hi @Craig Kleffman,Yup, you've discovered that [ FHA + Retail Price + MLS + 2-4 unit = less than ideal ] in hotter markets. 

Here is my ideal scenario:1.

Idea: A website that matches home buyers with realtorsThe home buyer would type in their zip code, describe their ideal/dream house, give a price range, give their contact info, etc and every real estate agent in the home buyers zip code would be sent an email with the buyers info and their description of their dream/ideal home, that way the realtor could possibly match that person with their ideal home in the territory or area they cover.

We're doing a deal right now with a guy who just happened to find an ideal deal.  

Ideally, you would have three physical bank accounts:  a cash account which holds the bulk of your money, an operating account which your checks are written from and bills are paid, and a deposit accounting to keep tenants deposits separate from your money.